The market for Latin America feed antioxidants estimated to be valued at US$ XX Mn in 2017 and poised to grow at 4.2% CAGR over the forecast period (2017 – 2024) to reach US$ 60.3 Mn by 2023.

Improving vertical integration and geographic presence through acquisition and growing collaboration between industry and academia

In Latin America region companies are expanding their market presence by acquiring regional market players and improving vertical integration to secure the supply contracts. This has been helping the acquirers to devise the regional strategies for effectively managing the sales and operations. Several universities, institutes in Latin America region collaborating with industry players in areas of agriculture research to harness the market potential and to bring industry transformation by bringing together experts in their respective fields

Brazil is the largest market in Latin America feed antioxidants owing to growing trade of meat and livestock animals across the Latin America region expected to drive the feed antioxidant market revenue growth

Brazil feed antioxidants markets is projected to represent lucrative market opportunity over the forecast period in Latin America feed antioxidants market with opportunity index of 1.7. Robust increase in the cattle production, rising demand for qualitative meat from the globe, increased exports of beef are expected to create demand for compounded feed. This is expected to have a positive impact on feed antioxidants market.

Latin America feed antioxidants market projected to reach US$ 60.3 Mn by 2023. High yield of corn, soybean, and forages coupled with high production of livestock is expected offer.

In 2017, poultry feed segment accounted for 13.6% revenue share in feed antioxidants market and projected to grow at 4.2% CAGR over 2017 to 2024. The market for poultry feed segment in feed antioxidants is projected to reach US$ 8.2 Mn by 2024.

Among all natural antioxidant types, tocopherols segment is projected to represent lucrative market opportunity over the forecast period with opportunity index of 2.9. The natural antioxidants are expected to offer healthy growth opportunities for the market players due to increased awareness among the pet owners regarding the benefits of the natural antioxidants. Tocopherols are essential compounds for the reproductive health of poultry. Surge in poultry production anticipated create lucrative opportunities over the forecast period.

The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies

The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market

The report tracks recent innovations, key developments and startup’s details that are actively working in the market

The report provides plethora of information about market entry strategies and regulatory framework

The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.